Although the Dangote Refinery has yet to come on stream, it has been immensely helping Nigeria in terms of employment generation.
It, indeed, shows that the country has been shooting itself in the legs by not making its four notorious refineries work.
It keeps spending huge billions on them, without any fruits.
But Mr Devakumar Edwin, Executive Director, Strategy Capital Projects and Portfolio Development, Dangote Group, , has said the refinery to be inaugurated before the end of the year will meet 100 per cent of Nigerians energy requirements.
He said the refinery would produce Euro-V quality gasoline, diesel, jet-fuel, kerosene and polypropylene for local consumption and also have surplus of each of the products for export.
On employment generation, he said over 30,000 people were currently working at petroleum Refinery project site through various contractors.
He said when operational, the refinery would generate over 100,000 direct and indirect jobs for the youths.
Edwin said in addition to the over 900 indigenous graduate engineers engaged and trained, more than 100,000 indirect employment of retail outlets will be created.
He said 26,716 filling stations and 129 depot’s would be constructed in Nigeria while over 16,000 trucks for transport will create additional jobs.
On local content development, Edwin said the company had trained over 400 artisans selected from the host communities in the areas of masonry, AC electricians, plumbing, welding, iron bending and auto mechanics.
He said they had trained 900 Engineers in refinery operations outside the country, while another six Mechanical Engineers were trained in a university in Italy.
The Dangote boss revealed this on when the Minister of Information and Culture, Alhaji Lai Mohammed, led a team to visit the refinery, with the minister saying the 650,000 barrels per day Dangote Refinery would be a game changer in Nigeria’s energy challenge once it comes on stream.
The minister had led a team of journalists on inspection tour of the Dangote Petroleum Refinery and Petrochemicals located at the Lagos Free Trade Zone, Ibeju-Lekki.
He said the refinery will engender huge value addition that would contribute to the increase in Gross Domestic Product (GDP)
The minister said the refinery will conserve foreign exchange by putting an end to importation of petroleum products and huge sum paid for subsidy.
He said in addition to creating employment, it will generate foreign exchange through export of finished products.
Mohammed said that there would be availability of petroleum products thus ending petrol queues and attract foreign capital investments.
He said with the total investment above 19 billion dollar in the refinery and 2.5 billion dollar on the Dangote Fertiliser Plant, also located in the zone, the company is leading Nigeria’s industrial revolution.
Mohammed said the coming into being of the massive industrial complexes as the Dangote Fertilizer Company and the Refinery were made possible by the enabling environment provided by the administration of President Muhammadu Buhari.
He said new businesses were springing up in all sectors owing to a conducive business environment provided by the Buhari’s administration.
